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and governing. with an emphasis throughout onc differences specifics, and choices. both candidates will also have two minute closing statements. s promised to remain silent. no cheers, applause, boos, hisses, among other noisy, distracting things, so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama... and governor romney. [cheers and applause] >> reporter: gentlemen, welcome to you both. >> gentlemen, welcome to you both. let's start the economy, seth one and let's begin with jobs. what are the major differences between the two of you about how you you go about creating new jobs?w you have two minutes. each have two minutes to start. a coin toss has determined, mr. president, you go first. >> thank you very much, jim, yu for this opportunity. i want to thank governor romnek and university of denver for your are hospitality. there are lot of points i wantr to make tonight but the most important one is that 20 years
and governing. with an emphasis throughout onc differences specifics, and choices. both candidates will also have two minute closing statements. s promised to remain silent. no cheers, applause, boos, hisses, among other noisy, distracting things, so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama... and governor romney. [cheers and applause] >> reporter: gentlemen, welcome to you both. >>...
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Oct 4, 2012
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economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they are working. >> jim: but, mr. president, you are saying, in order to get the job done, it has to be balanced -- >> if we are serious, we have to take a balanced, responsible approach. by the way, this is not just when it comes to individual taxes. let's talk about corporate taxes. now i have identified areas where we can right away make a change that i believe would actually help the economy. the oil industry gets $4 billion a year in corporate welfare, basically, they get deductions that the small businesses that governor romney refers to -- they don't get. now, does anybody think that exxon mobile needs some extra money when they are making money every time you go to the pump? why wouldn't we want to eliminate that? why wouldn't we eliminate tax breaks for corporate jets? if you have a corporate jet, you can probably afford to pay full fr
economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they are working. >> jim: but, mr. president, you are saying, in order to get the job done, it has to be balanced -- >> if we are serious, we have to take a balanced, responsible approach. by the way, this is not just when it comes to individual taxes. let's talk about corporate taxes. now i have identified areas where...
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Oct 6, 2012
10/12
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government. nau i don't know how that works. d.b. piper. sydney austin. i have no idea who that is. anything surprise you on that list. >> the surprise here is going back to 2008. >> and 2004, in looking at the number of banks that he has lost. he has lost wall street. >> bill: banks are giving to romney. harvard pinheads and university of california. sydney austin a law firm they are ponying up for him. goldman sachs, bank of america, jp morgan. morgan stanley just as you said all the banks. credit swiss. citigroup. wells fargo, kirkland and elvis that's a law firm. the banks have gone for romney why? >> they have gone because primarily dodd frank. if they listened to governor romney in that debate talking about too big to fail and dodd frank. he is going to get rid of too big to fail. they are thinking right now can i stop that check before it clears. >> bill: what's too big to fail again. >> too big to fail is a bank like jp morgan chase. >> bill: the government guarantees you are not going out of asset. >> 1.2 and not going out of business no matter how big you get. >> bill: he
government. nau i don't know how that works. d.b. piper. sydney austin. i have no idea who that is. anything surprise you on that list. >> the surprise here is going back to 2008. >> and 2004, in looking at the number of banks that he has lost. he has lost wall street. >> bill: banks are giving to romney. harvard pinheads and university of california. sydney austin a law firm they are ponying up for him. goldman sachs, bank of america, jp morgan. morgan stanley just as you...
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we're getting these reports of this continued as it were a reaction from the judge government ok so a good one will face political problems at home but then why were they speaking with the iranians so in the past few hours talking about how this needs a diplomatic solution not a military one if turkey continue under the rule that under the agreements made in vote this would draw in a way to situation of why that is your old war and terrorists expanding it. to be below syria and the people of turkey will not benefit from this major says that they'll defend any nato member if turkey continue like this like syria might see itself getting increasingly desperate and retaliate with full force then it's up to the united states and britain and europe we had a major allies just figure out what to do. r.t. also spoke to the iraqi prime minister to get his stance on the development of the syrian conflict his interview and more extensive analysis her to plus a small farmer taking on a biotech giant as the u.s. supreme court agrees to review his appeal had a line for details. police have used wate
we're getting these reports of this continued as it were a reaction from the judge government ok so a good one will face political problems at home but then why were they speaking with the iranians so in the past few hours talking about how this needs a diplomatic solution not a military one if turkey continue under the rule that under the agreements made in vote this would draw in a way to situation of why that is your old war and terrorists expanding it. to be below syria and the people of...
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government has assured in a program of drone strikes it started under president george w. bush it's vastly accelerated under president obama and it's in yemen it's in somalia it's in pakistan and we're even hearing reports that it's in mali in the philippines all over the world yet we don't know really who's involved in these drone strikes what the standards are and what the processes are now do you think that government officials and policymakers underestimate or fail to recognize some of the consequences of this drone campaign that's absolutely right we're talking not just about the number of civilians killed or the number of militants killed but the toll on these communities in parts of pakistan somalia and yemen we're talking about regions where there's already a problem of war but this is really adding to the problem as we have civilians were really caught in the crossfire between milligan militant groups on the one hand and u.s. drone strikes on the other they're afraid of being being targeted merely because they're associating with individuals because they're outsid
government has assured in a program of drone strikes it started under president george w. bush it's vastly accelerated under president obama and it's in yemen it's in somalia it's in pakistan and we're even hearing reports that it's in mali in the philippines all over the world yet we don't know really who's involved in these drone strikes what the standards are and what the processes are now do you think that government officials and policymakers underestimate or fail to recognize some of the...
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listen tom you and i have talked about government corruption the past government corruption comes in corruption comes in when the government can transfer and when you massive amounts of government money to private individuals to further their big study abroad well that's the basis of coronado alexander five hundred five hundred million dollars it went back to how i've hundred million dollars going to the president's cordy's which which frenzy on that and all the other departments said most of the energy department said this will do. this will fail on x. date and it failed on x. date and yet there seems to be no discussion whatsoever of answer a couple points here first point is when we were they were giving out no bid contracts at all which is the oil but if there was no tea party out here protesting doesn't point one zero point two when president obama took office hold on a second when president obama took office we only had one percent of the green battery technology degree battery industry now the united states competing against china japan and germany with twenty percent of them
listen tom you and i have talked about government corruption the past government corruption comes in corruption comes in when the government can transfer and when you massive amounts of government money to private individuals to further their big study abroad well that's the basis of coronado alexander five hundred five hundred million dollars it went back to how i've hundred million dollars going to the president's cordy's which which frenzy on that and all the other departments said most of...
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Oct 9, 2012
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under the law, the government could recover triple damages. this is a $570 million suit against wells fargo. we're following it. we'll teep you posted. back to you. >> just off the lows, scott, thank you very much. we're heading toward the close, otherwise, with about 30 minutes left. the dow down 100 points at this hour. when we come back, we look at the health of wall street. new york state comptroller on the looming -- whether the looming fiscal cliff and increasing regulation are threatening wall street's comeback these days. plus, speaking of which, nearly half of all wall streeters are expecting a bigger bonus this year. will they get it in and more importantly, do they deserve it? that debate is coming up. and from bull market speed bump to chaos. breaking out at a bull fight in colombia. we're just wondering, is this scene a preview of what may be coming to our stock market? tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm tra
under the law, the government could recover triple damages. this is a $570 million suit against wells fargo. we're following it. we'll teep you posted. back to you. >> just off the lows, scott, thank you very much. we're heading toward the close, otherwise, with about 30 minutes left. the dow down 100 points at this hour. when we come back, we look at the health of wall street. new york state comptroller on the looming -- whether the looming fiscal cliff and increasing regulation are...
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Oct 4, 2012
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. >> government trickle down. that is what the phrase that romney used. government trickle down zblin deed. >> i thought that was pretty darn clever. steve right here is cringing already about that. but government trickle down, susan. did that turn you off? >> yeah. very much so. and i think it's an accurate reflection of the philosophy of this administration. >> all right. how about the debate? we'll give you a few seconds. debate last night? please, not please? give me a quickie. >> i think you said it best, larry, when you said that the president's clock was politely cleaned. it was very -- it was visceral. it was in the room. it was clear that the president wasn't on his a game at all. you could see anytime his body language. you could see it with his eyes. moving down. but mitt was on his a game. >> right. >> this is the guy that i have seen over the past 18 months. i find it to be a very interesting construct, romney's war on women, war on dogs. and today it's the war on the real mitt romney. so i thought it was a very intense and very telling contr
. >> government trickle down. that is what the phrase that romney used. government trickle down zblin deed. >> i thought that was pretty darn clever. steve right here is cringing already about that. but government trickle down, susan. did that turn you off? >> yeah. very much so. and i think it's an accurate reflection of the philosophy of this administration. >> all right. how about the debate? we'll give you a few seconds. debate last night? please, not please? give me...
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Oct 5, 2012
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they're effectively guaranteed by the federal government. this is the biggest kiss that's been given to new york banks i've ever seen. >> governor romney says he wants to repeal dodd frank, pull it back. so the question is, does anybody out there think that the big problem we had is that there was too much oversite in regulation of wall street? >> gretchen: now that we're hearing that two more firms may be designated as too big to fail s more government regulation really the way to prevent another crisis? our political panel is back, erin task, sheila bair and fred malic. all right. i want to start with sheila again only because you were part of writing dodd frank with the treasury secretary, tim geithner. what did you argue for and what did he want? >> we argued for a ban on bailouts and we were successful and we did have a disagreement with secretary geithner on this. their original white paper they put forward did allow for flexibility on bailouts and i think that's one of the reasons dodd frank ended up with this change. the designation
they're effectively guaranteed by the federal government. this is the biggest kiss that's been given to new york banks i've ever seen. >> governor romney says he wants to repeal dodd frank, pull it back. so the question is, does anybody out there think that the big problem we had is that there was too much oversite in regulation of wall street? >> gretchen: now that we're hearing that two more firms may be designated as too big to fail s more government regulation really the way to...
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Oct 7, 2012
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in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. [ charlie ] try zinc free super poligrip. >>. >> john: times i feel sorry for presidential candidates. i feel their strain because they have to face
in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. spending the day with my niece. i don't...
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he wants to have government investing for us. he wants to hire more government workers. he wants to raise taxes, as the vice-president biden blurted out today, they want to raise taxes by a trillion dollars, or more like $2 trillion by our calculation. he has laid out the same policies he has been following the last four years. i don't think that sells very well when people hear that. he also didn't have the chance to continue to misrepresent my views. i got the chance to present my own perspectives. and i think that helped me. >> sean: do you think to some extent that the obama campaign has overreached by calling you a tax cheat and attacking bain capital and even suggesting that you were responsible for the death of this man's wife, et cetera, et cetera, they spent millions and millions of dollars advancing a narrative against you, you know, the president himself saying that your plan is for dirty air and dirty water and you want kids with autism and the elderly to fend for themselves. to some extent do you think that by over reaching and when people saw you side by si
he wants to have government investing for us. he wants to hire more government workers. he wants to raise taxes, as the vice-president biden blurted out today, they want to raise taxes by a trillion dollars, or more like $2 trillion by our calculation. he has laid out the same policies he has been following the last four years. i don't think that sells very well when people hear that. he also didn't have the chance to continue to misrepresent my views. i got the chance to present my own...
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Oct 6, 2012
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he has been campaigning more than he has been governing. >> big maher -- bill moore. said it was like michael jackson on tranquilizers. >> you know what andrew called it a disaster. >> i think he will do quite well in the next two debates so if he did quite fine off the cuff but he doesn't get the hard questions. >> four minutes more speaking time during than 90 minutes than mitt romney did and he made far fewer points or punches. >> you are asking this part of the press to comment. i got to tell you it was not the best. i also have to say that part of it, i think, he didn't -- we always say you invite the person in your living room for the next four years. in the baltimore sun also said that mitt romney won the debate because he talked a little bit about his personal journey. the president didn't talk about that at all. >> jon: next on news watch, was the president's poor showing the fault of the debate's moderator. >> middle next have been buried. they have been crushed. >> the media gave mitt romney high marks for debate performance. how does the media rate the job
he has been campaigning more than he has been governing. >> big maher -- bill moore. said it was like michael jackson on tranquilizers. >> you know what andrew called it a disaster. >> i think he will do quite well in the next two debates so if he did quite fine off the cuff but he doesn't get the hard questions. >> four minutes more speaking time during than 90 minutes than mitt romney did and he made far fewer points or punches. >> you are asking this part of the...
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the establishment survey as it's called of businesses and government is about 150,000. and the survey of households is about 50,000. so there is a lots of volatility. there are people saying, this hasn't happened in 30 years -- nonsense. e >> in your opinion, there are more jobs being added. but most of these jobs are part-time jobs itch they are part-timions, people who have been pushed from full time into part time. they're younger, less educated and unskilled so they for lower paying. >> so if you are working part time and you come off the unemployment roles that, goes into the unemployment rate. that's legitimate. >> that's an important thing to talk about and is reveal audio in the u6 labor thing. 14.7% unemployment when you include the so-called marge neal attached to the workforce. that's precisely the same number as the previous month. >> 14.7, when you say... the people who don't have full-time jobs -- >> don't have full-time jobs who arev giving up. >> what is more important than that, the household median income is down $5,000. because when you have rising ga
the establishment survey as it's called of businesses and government is about 150,000. and the survey of households is about 50,000. so there is a lots of volatility. there are people saying, this hasn't happened in 30 years -- nonsense. e >> in your opinion, there are more jobs being added. but most of these jobs are part-time jobs itch they are part-timions, people who have been pushed from full time into part time. they're younger, less educated and unskilled so they for lower paying....
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Oct 3, 2012
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>> no government in modern history stopped another government from building a nuke. the problem we have in iran is do you police to us policy. we have companies in the united states, companies all over the world doing economic business, making money in iran. you want to hurt iran? you got to play hard ball economically. the military option has got to be off the table. >> bill: so you think that when you say the military option has to be off the table, certainly not going to be off the table to the israelis and you can't tell them not to do it 'cause they're going to do what they want. >> they can't do it without us. >> bill: sure, they can. they can try. i don't know if they'll be successful, but they can try to do it. so colonel peters, you see it the way colonel hunt sees it. you can't have a military option. i think the president is trying to squeeze them, but you might be right, it isn't going to work. if that doesn't work, then we got another huge problem coming down the road. >> this is the first time i've ever agreed with colonel hunt o is a brilliant soldier
>> no government in modern history stopped another government from building a nuke. the problem we have in iran is do you police to us policy. we have companies in the united states, companies all over the world doing economic business, making money in iran. you want to hurt iran? you got to play hard ball economically. the military option has got to be off the table. >> bill: so you think that when you say the military option has to be off the table, certainly not going to be off...
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Oct 8, 2012
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. >> in egypt, use our influence, including clear conditions on our aid to urge the new government to represent all egyptians, to build democratic institutions and to maintain the peace treaty with israel. >> the national security analysts k.t. mcfarland. i have been waiting over 20 years for this speech. he was channeling ronald reagan. he was making a speech that talked about not just with pretty words but with policies, where he understands america can use the economic power to influence events and help shape world events, use our economic power in the sense of phone aid, if we get it, we want something back. but he talked about american military, he talked about, for example, putting aircraft carrier groups and men in the gulf, using economic warfare against iran using sanctions, tightening the sanctions and he realizes like reagan, that the notion of peace through strength is not just a throw away line but have a strong military so you never have to use it because no one picks a fight with you. >>eric: let me give you another soundbite talking about cutting off aid to egypt if we
. >> in egypt, use our influence, including clear conditions on our aid to urge the new government to represent all egyptians, to build democratic institutions and to maintain the peace treaty with israel. >> the national security analysts k.t. mcfarland. i have been waiting over 20 years for this speech. he was channeling ronald reagan. he was making a speech that talked about not just with pretty words but with policies, where he understands america can use the economic power to...
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Oct 9, 2012
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he believes the federal government should directly help americans who can't or won't help themselves. stewart supports an antistate -- nanny state where everyone is provided live necessary knits and economic outcomes are guaranteed. i disagree with that not because of the intent. the intent is noble. but simply because it's impossible. the constitution provides americans protection so they can pursue happiness. but the founding fathers did not guarantee happiness or material well-being. if you try do that, you will bankrupt the nation. and that's what's happening right now with the growing $16 trillion debt. stewart and i previewed what we'll all be voting on come november 6. do you want a nanny state or do you want a self-reliant nation? that's what's at stake in this election. now, the left wing press not going to tell you that. it portrays president obama as a moderate. the right wing media says he's a socialist, a communist, bents on destroying traditional america. but stewart and i pinpointed the real situation. nanny state versus self-reliance. on point after point, stewart made
he believes the federal government should directly help americans who can't or won't help themselves. stewart supports an antistate -- nanny state where everyone is provided live necessary knits and economic outcomes are guaranteed. i disagree with that not because of the intent. the intent is noble. but simply because it's impossible. the constitution provides americans protection so they can pursue happiness. but the founding fathers did not guarantee happiness or material well-being. if you...
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Oct 10, 2012
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we are educating people about being empowered and not relying on the government. obama has failed our country and especially the black community with high unemployment, the regressive policies that are harming the energy industry. it's across the board. >> here's the problem. as a black woman, this is why i feel like stacey dash -- is clueless. okay? >> why is she clueless -- [overlapping dialogue] [yelling over each other] >> sean: wait. stop. stop. >> [overlapping dialogue] >> sean: excuse me. what is the problem? i went to the dnc convention. i had to show a picture i.d., was that racist? was that racist. >> to get on a plane and a train and government buildings. >> this is your constitutional right because this is about voter suppression -- to show an i.d.?! >> absolutely. >> this is why i am touring the country, telling people about the progressive policies that are -- >> milliop young african-americans -- that is voter suppression. that's the reality. you should look at the research. >> sean: all right. when we come back, this debate will continue. lies, the
we are educating people about being empowered and not relying on the government. obama has failed our country and especially the black community with high unemployment, the regressive policies that are harming the energy industry. it's across the board. >> here's the problem. as a black woman, this is why i feel like stacey dash -- is clueless. okay? >> why is she clueless -- [overlapping dialogue] [yelling over each other] >> sean: wait. stop. stop. >> [overlapping...
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less government was cut for people. even for poor people. 11% government leaves plenty to help the helpless. in fact, if 24 percent were not taken from us we as free individuals would do more to help the poor. such private charity does a better job. closer to the people that served. better as supporting those who really need help from those who need a push. criticized for giving most of his charity money to the mormon church. a writer for the nation said he gave virtually nothing to any program that focuses directly. it is clear that romney's donations are but taking care of his own. this is just ignorant. really is charity help support people. mormon subplots of non mormons. for example, they have a monster warehouse filled with food. they give it to anyone in need, any religion. when that earthquake hit 80 relief from mormons got there before government halted. after hurricane katrina, the same deal. even the new york times reported that. the mormon trucks were the first to arrive. tvs said the efficiency of the mormo
less government was cut for people. even for poor people. 11% government leaves plenty to help the helpless. in fact, if 24 percent were not taken from us we as free individuals would do more to help the poor. such private charity does a better job. closer to the people that served. better as supporting those who really need help from those who need a push. criticized for giving most of his charity money to the mormon church. a writer for the nation said he gave virtually nothing to any program...
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Oct 8, 2012
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i could say the government's heart is in the right place in this case. but medicine can't be practiced this way. also doctors will run from patients. we are being pressured to send patients out early. we are shortening and shortening hospital stays and we are getting good eight. megyn: this is related to medicare. so it's medicare patients at issue. it's the older folks who may be giving the doctors a bit of a scare when a doctor treats an older person he needs to worry about this. >> especially with baby boomers coming in. the penalty isn't just for those diagnoses. if my my hospital gets penalized, they pay the 1% thanks across the board for all their medicare reimbursements going forward and that will go up to 2% and 3% by 2014. do they pass the fine along to us? do they charge us more for other services? how do they get that money back? >> i think they will have to figure that out. because hospitals want to preserve their bottom line. so they will charge more forther services and they will try to charge private carriers more. megyn: is it possible if
i could say the government's heart is in the right place in this case. but medicine can't be practiced this way. also doctors will run from patients. we are being pressured to send patients out early. we are shortening and shortening hospital stays and we are getting good eight. megyn: this is related to medicare. so it's medicare patients at issue. it's the older folks who may be giving the doctors a bit of a scare when a doctor treats an older person he needs to worry about this. >>...
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Oct 4, 2012
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, and governing. with an emphasis throughout on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses among other noisy distracting things so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama and governor romney. [ applause ] >> jim. >> gentlemen, welcome to you both. let's start with the economy. segment one. and let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? you have two minutes -- each of you have two minutes to start. a coin toss has determined. mr. president you will go first. >> thank you, jim for this opportunity. i want to thank governor romney and the university of denver for your hospitality. there are a lot of points i want to make tonight, but the most important one is 20 years ago i became t
, and governing. with an emphasis throughout on differences, specifics, and choices. both candidates will also have two-minute closing statements. the audience here in the hall has promised to remain silent. no cheers, applause, boos, hisses among other noisy distracting things so we may all concentrate on what the candidates have to say. there is a noise exception right now, though, as we welcome president obama and governor romney. [ applause ] >> jim. >> gentlemen, welcome to you...
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governing in the neighboring state. obviously he needs, as i said on this show before, florida, ohio, you don't win the two you're not not game. virginia, north carolina, new hampshire, puts over the top at 270. bill: there was a pollster last night on "o'reilly factor", suffolk, university, said he is not polling anymore in florida, north carolina and virginia. he said romney has those states in the bag. do you agree with that. >> i wouldn't take anything for granted when you have less than four weeks to go. you have to get vote out there to make sure they vote. campaigns certainly haven't stopped polling in those states. if he doesn't want to do it that's fine. we don't get victory until after election day. bill: president has zero campaign events. in two hours hearings begin about libya. he is meeting with hillary clinton at 2:00 in afternoon. how big after distraction could this be. >> this is really his on the job performance. not about "sesame street" or rest of the things that are side bars and not relevant. what
governing in the neighboring state. obviously he needs, as i said on this show before, florida, ohio, you don't win the two you're not not game. virginia, north carolina, new hampshire, puts over the top at 270. bill: there was a pollster last night on "o'reilly factor", suffolk, university, said he is not polling anymore in florida, north carolina and virginia. he said romney has those states in the bag. do you agree with that. >> i wouldn't take anything for granted when you...
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it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think mitt romney has to do more of that. has he been specific with his plan? he laid five out in the debate, which is more than the president did. that's why independents thought mitt romney did very, very well. >> let me ask you about one of the issues where they differ, medicare. that is a big deal in florida romney says he supports vouchers for medicare, a plan that is not very popular. how does play in florida with all those seniors? >> right now in florida, you've got about 12 million registered voters. 36% who are republicans, you have 40% who are democrats. and then the 24% or the remainder is going to be the most important percentage in america and i think it's 24% who are not registered republican or democrat. these are going to be the most important voters in the united states. but, let's look at medicare. you have mitt romney who says, i want to give you vouchers, which i personally don't agree
it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think mitt romney has to do more of that. has he been specific with his plan? he laid five out in the debate, which is more than the president did. that's why independents thought mitt romney did very, very well. >> let me ask you about one of the issues where they differ, medicare. that is a big deal in...
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the local government's got to come up with 10%. here is the thing, when 9-11 happened to new york city, they waived the stafford act, said this is too serious a problem. we can't expect new york city to rebuild on its own. forget that dollar you got to put in. here is ten dollars. that was the right thing to do. what's happening in new orleans? where is your dollar? where is your stafford act money? makes no sense! tells me the bullet hasn't been taken out. tells me somehow the people in new orleans, they don't care about as much! >> brian: powerful words. he also did go on to speak in a way, as you heard, with a little bit of a southern accent where colonel west brought up last night on greta, which i saw when he says it's amazing a guy who was brought up in hawaii and lived in chicago can effect themselves with an accents. >> steve: it's substantial. we did have tucker carlson, the editor of the daily caller on the program earlier. here he is explaining the context of what people see when you watch all 40 minutes of the now presi
the local government's got to come up with 10%. here is the thing, when 9-11 happened to new york city, they waived the stafford act, said this is too serious a problem. we can't expect new york city to rebuild on its own. forget that dollar you got to put in. here is ten dollars. that was the right thing to do. what's happening in new orleans? where is your dollar? where is your stafford act money? makes no sense! tells me the bullet hasn't been taken out. tells me somehow the people in new...
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you're going to bring net knew revenue to the government. not going cut enough you're going to hurt the job market. now, specifically, if you hit the high end, like they want to do, let's say they did that, and yeah, that's, that's tax, when you tax people in the middle that is cost of hiring somebody so could actually need to less hiring, a worker taxes goes up and pay them more to counter at that tax cost and your success level. and going to cut at your profit, it's not a cost of hiring. so it could in theory do more damage to make the tax burden shift on to the employee, the job taker level not the job creator level. however, i don't want to say that every tax increase hurts the job market on every level. >> and gary b, vice-president biden made it clear there's a trillion dollar tax hike. what does it do to job creation, to the job recovery, if you can call it that? >> brenda, i'll try to be as specific as possible. >> it's going to be harmful to job creation, look a lot of the tax increase will go to the super rich or super wealthy, as
you're going to bring net knew revenue to the government. not going cut enough you're going to hurt the job market. now, specifically, if you hit the high end, like they want to do, let's say they did that, and yeah, that's, that's tax, when you tax people in the middle that is cost of hiring somebody so could actually need to less hiring, a worker taxes goes up and pay them more to counter at that tax cost and your success level. and going to cut at your profit, it's not a cost of hiring. so...
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the final two segments will cover the role of government and governing. with mitt romney and president obama in the final hours of preparing and holding mock debates it's up to the running mates to connect with the voters on the campaign trail. >> together we'll win north carolina. >> reporter: vice president biden said something on tuesday the romney campaign agreed with. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: paul ryan said the middle class has been buried. >> they are being buried by the obama administration's economic failures. >> reporter: the obama campaign said ryan took mr. biden's words out of context. the president will have the first word tonight, mitt romney will have the last. >> susan, thank you. this is where you can watch tonight's debate. our coverage begins at 9:00 p.m. eastern right here on cbs. meanwhile off the campaign trail conservative blogs were buzzing about fox news recent airing about a 2007 speech by a then senator obama before a black audience. he express
the final two segments will cover the role of government and governing. with mitt romney and president obama in the final hours of preparing and holding mock debates it's up to the running mates to connect with the voters on the campaign trail. >> together we'll win north carolina. >> reporter: vice president biden said something on tuesday the romney campaign agreed with. >> how they can justify raising taxes on the middle class that's been buried the last four years....
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libya's government lacking ministers of defense. and they are responsible for the catching of four killers of four americans including ambassador chris stevens. >> debate turning into a verbal smack down in connecticut. >> linda has a plan on her website and as we recenttly learned it is lifted word for word from right wing republican sites. >> shame on you. you have just accused of pladgerizing my clients. it is beneath a congressman who is in congress or anybody running for the united states. you thought it was a coronation and now you are in a serious race with a serious woman and we resort to these kinds of policy. >> steve: the winner will replace joe leiberman. >> gretchen: a day of joy turns into a day of trag trag after a wedding reception becomes a brawl in philadelphia. watch this. guests from two different wedding reception began fighting in the bar. a 57 year old man dropped dead. he is believed to an uncle of one of the bride and she's seen running through the parking lott in her dress. >> ben afflect was driving in san
libya's government lacking ministers of defense. and they are responsible for the catching of four killers of four americans including ambassador chris stevens. >> debate turning into a verbal smack down in connecticut. >> linda has a plan on her website and as we recenttly learned it is lifted word for word from right wing republican sites. >> shame on you. you have just accused of pladgerizing my clients. it is beneath a congressman who is in congress or anybody running for...
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>> the commerce clause is part of the powers f the federal government and said that the federal government has power to stop the states from raising protectionist barriers. that's what it meant to the founding fathers and over time and especially since the new deal, the supreme court said the commerce clause gives congress power to pass any law that has affect on commerce. it is the clause that is often used to justify federal programs. >> gretchen: the biggest one of late is obama care. we'll talk about the first amendment and with regard to religion, how? >> religion clauses are the first part of the first amendment it was very, very important to the founders and the key words are free exercise of religion. that means more than just able to worship the knod - god of your choice but live the dictates of your religion. in 1990, the supreme court started to change that provision. the supreme court simply said. state and federal governments can now infringe on religious freedom as long as they do it in a neutral fashion. with obama care you can see even religious organization have to subsidi
>> the commerce clause is part of the powers f the federal government and said that the federal government has power to stop the states from raising protectionist barriers. that's what it meant to the founding fathers and over time and especially since the new deal, the supreme court said the commerce clause gives congress power to pass any law that has affect on commerce. it is the clause that is often used to justify federal programs. >> gretchen: the biggest one of late is obama...
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has the president articulated with enough force and verve the role that government has to play either in a regulatory capacity which not everybody likes or investing in education highways erie canal the hoover dam, whatever the metaphor may be. >> listening to him last night workman-like job of talking about the role of the of government and why government is something that can do things as they were saying we all can't do for ourselves. he's lacked that vision thing like what is the big hoover dam? they had amazing investment in clean energy. this $90 billion that mitt romney brought up last night and -- but there's not one signature saying that came out of that that we can all say hurrah! i think that sort of hurt obama. he also doesn't have that signature thing that he's driving toward because the big government is not very popular right now. it is difficult to say -- he can say i want 100,000 teachers or new construction jobs but he's stuck in the middling generalities about it instead of saying i want to build a super train that goes from los angeles to california. >> eliot: tim,
has the president articulated with enough force and verve the role that government has to play either in a regulatory capacity which not everybody likes or investing in education highways erie canal the hoover dam, whatever the metaphor may be. >> listening to him last night workman-like job of talking about the role of the of government and why government is something that can do things as they were saying we all can't do for ourselves. he's lacked that vision thing like what is the big...
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the whole fellow government wanted jp morgan to buy bear stearns as part of the federal government to avoid a melt down and now they are coming back and suing jp morgan. is this a crude ploy or a popular thing? >> this committee that he sent up to fine banks to cause the melt down, is the first part if you will. their evidence came out and they testified in 2010. they had this information for years. he has been able to use the last two years of the stuff. >> the martin act which hardly ever works. >> eliot spitzer lost every single thing. there is nothing worse than eliot spitzer. where does he come off? >> here is jp morgan stepping up to the plate and they buy bear sterns and the whole mortgage portfolio that they had. where do they come off suing jp morgan? >> if you want to go after the dumb trades go after the individuals in bear sterns? why sue the whole individuals of bear morgan? >> it is going to go well beyond what is happening right now. obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. t
the whole fellow government wanted jp morgan to buy bear stearns as part of the federal government to avoid a melt down and now they are coming back and suing jp morgan. is this a crude ploy or a popular thing? >> this committee that he sent up to fine banks to cause the melt down, is the first part if you will. their evidence came out and they testified in 2010. they had this information for years. he has been able to use the last two years of the stuff. >> the martin act which...
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it's just government. former cbo director, douglas holtz-eakin, next. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemployed, under employed, or having simply given up looking for work. crude oil dropping again on concerns of slow economic growth. crude oil down a dollar 83 under $90 a barrel. for california, prices statewide for gasoline are $4.99 a station, and some stations charges $6 a gallon. others shut down because of gasoline shortages. nationally, the price of a gallon is now $3.79. good news, however, exxon rep
it's just government. former cbo director, douglas holtz-eakin, next. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the...